Kirr Marbach & Co. LLC IN bought a new stake in Supervalu Inc. (NYSE:SVU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,660 shares of the company’s stock, valued at approximately $554,000.
Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its position in shares of Supervalu by 35.3% in the second quarter. Dimensional Fund Advisors LP now owns 7,299,814 shares of the company’s stock valued at $24,016,000 after buying an additional 1,903,023 shares in the last quarter. Gotham Asset Management LLC purchased a new position in shares of Supervalu in the second quarter valued at $4,222,000. Schwab Charles Investment Management Inc. increased its position in shares of Supervalu by 59.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 2,769,774 shares of the company’s stock valued at $9,113,000 after buying an additional 1,030,762 shares in the last quarter. Numeric Investors LLC purchased a new position in shares of Supervalu in the second quarter valued at $2,283,000. Finally, Vanguard Group Inc. increased its position in shares of Supervalu by 2.3% in the second quarter. Vanguard Group Inc. now owns 29,991,105 shares of the company’s stock valued at $98,671,000 after buying an additional 682,044 shares in the last quarter. 80.73% of the stock is owned by institutional investors.
A number of brokerages have recently weighed in on SVU. Royal Bank of Canada set a $34.00 price target on Supervalu and gave the company a “buy” rating in a research report on Thursday, January 11th. Goldman Sachs Group restated a “sell” rating and issued a $14.00 price target on shares of Supervalu in a research report on Tuesday, November 14th. TheStreet cut Supervalu from a “c” rating to a “d+” rating in a research report on Wednesday, October 18th. Zacks Investment Research cut Supervalu from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Finally, Northcoast Research restated a “neutral” rating on shares of Supervalu in a research report on Thursday, October 19th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $24.69.
Supervalu (NYSE:SVU) last posted its quarterly earnings data on Wednesday, January 10th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.13. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $4 billion. Supervalu had a return on equity of 26.48% and a net margin of 4.17%. The firm’s quarterly revenue was up 31.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.35 EPS. equities research analysts predict that Supervalu Inc. will post 2.34 EPS for the current fiscal year.
Supervalu Inc is a wholesale distributor to independent retail customers across the United States. The Company’s segments include Wholesale and Retail. The Company offers a range of advertised brand name and private-label products, including grocery (both perishable and nonperishable), general merchandise and home, health and beauty care, and pharmacy, which are sold through Company-operated and licensed Retail stores to shoppers and through its Wholesale segment to independent retail customers.
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